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Investment Team Update

What’s Up With Gold?

By Blog

The last few weeks have been very unkind to gold investors with the rather choppy upward trend since the beginning of 2016 being called into question with a seemingly day after day drop in price. From a technical standpoint, gold has definitely broken through a couple more recent support levels and is beginning to threaten longer term support. The reason for this drop has been attributed to everything from the stronger dollar to rising rates. There are also those who feel there may be some manipulation at work in the futures markets in an effort to keep gold prices depressed….

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